SYS Research – US Daily Setups – Wednesday, January 31, 2024

Notice: The Daily Setups are provided for informational purposes only and are not intended as a stock-picking service. The charts and information provided are intended to aid research and analysis and should only be used as indicators. They should not be considered as a direct trigger to buy or sell any security. The creator assumes no responsibility for any actions readers take and strongly advises each individual to fully understand the risks and potential consequences before making any investment decisions. Please note that the charts shared are not intended as signals to buy or sell but as a tool to add to your watchlist and analyze according to your trading ability. Remember that not all charts will result in buy or sell actions at any time.

Just a friendly reminder: We update the sector chartists every weekend. We highly recommend that you take some time to browse and create your watchlist. Please pay close attention to the Daily Setups and Workspace scan results for potential future additions to stay ahead of the game.

If you’re facing challenges understanding the Daily Setups or need help crafting a trading strategy, don’t hesitate to ask for assistance. You can contact me via email at info@setyourstop.com or reach me through the Workspace. Let’s schedule a meeting to address your specific requirements and provide you with the guidance you need.

Sample Trading System

The following trading system is presented as an educational example and should not be interpreted as financial advice. Past performance does not guarantee future results, and trading involves inherent risks. Please consult with a qualified financial advisor before implementing any trading strategies.

US Daily Setups

BYRN – Byrna Technologies Inc

Byrna Technologies is setting up on the right side of a potential bottoming pattern, accompanied by a robust volume profile. Keep a close watch for potential a breakout.

LINK TO CHART – https://schrts.co/XJmAYmJC

 

CR – Crane Co

Crane is demonstrating relative strength in a weak market tape, supported by robust volume. Monitor for potential resilience and continued momentum.

LINK TO CHART – https://schrts.co/tVYQCvvh

 

NVO – Novo Nordisk A S

Novo Nordisk stands out as one of the few bright spots in the market today, breaking out with surging volume. Keep a close eye for potential sustained momentum.

LINK TO CHART – https://schrts.co/QSUENSTs

 

ROAD – Construction Partners, Inc.

Construction Partners is setting up below its 52-week high with a robust volume profile. Monitor closely for potential breakout and continuation signals.

LINK TO CHART – https://schrts.co/DRwzmYDA

 

RUM – Rumble Inc.

Rumble is experiencing a ramp in volume as price action pushes against the underside of a horizontal resistance line. Keep a watchful eye for potential breakthrough signals.

LINK TO CHART – https://schrts.co/wMRFdKXS

 

UEC – Uranium Energy Corp.

Uranium Energy is currently consolidating in the form of a bull flag, positioned just below its 52-week high. Monitor for potential breakout and continuation signals.

LINK TO CHART – https://schrts.co/BSrAQIYm

To bring our report to a close, we thank you for your engagement and insights. Your feedback is of great value, and we encourage you to share your recommendations. Stay attentive to the Daily Setups, the Workspace, and the Watchlists for emerging opportunities. Additionally, be sure to explore the scanner result PDFs provided below. Until next time, happy trading!

US Scanner Results

Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.

EXPORT – US Watchlist Scan – 2024-01-31

ACGL, ALGN, ALPN, ASML, BA, BDX, BYRN, CACI, CAH, CBOE, CDAY, CI, CIEN, CLS, COR, CR, CVLT, CVS, EA, EAT, EDU, EG, ERIE, EW, FOX, GEOS, GIB, GLP, GM, HCA, HG, HMY, HSIC, HWM, IMCR, KOF, LMB, MCK, MHK, MMC, MMYT, MOD, MTCH, NCLH, NFLX, NOC, NVO, PBR/A, PNR, POWL, PRDO, PRI, QCOM, RCL, RGA, ROAD, RTX, RUM, SMCI, SUN, SYY, T, TDG, TNK, UEC, UNH, USLM, VIV, VRRM, WING, ZBH

 

SetYourStop Blog Request

Enter your name and email to be alerted with new ideas.

Please wait...

Thank you for sign up!

Scroll to Top